CAPF : Clear Ascending triangle break out will force short sellers to cover short….Buy for target Rs.600

CAPF

Last close 582.50

Trend is your friend. Dance with the friend. Tune to the trend.
This tug of war between buyers and sellers continues several time. But because of strong bullish under current the price swings keep making higher lows. Today bears will throw their arms in defeat and start covering short position……Clear Ascending triangle break out will force short sellers to cover short. Technically Rs.568 is the rock solid support. Intraday stock will zoom to 591, Cross over will take this to Rs.600 in futures…!!!